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DISH Network Corp (DISH): Today's Featured Services Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

DISH Network (
DISH) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.2%. By the end of trading, DISH Network rose $0.92 (1.5%) to $60.48 on average volume. Throughout the day, 3,172,868 shares of DISH Network exchanged hands as compared to its average daily volume of 2,656,100 shares. The stock ranged in a price between $59.65-$60.98 after having opened the day at $59.65 as compared to the previous trading day's close of $59.56. Other companies within the Services sector that increased today were:
Armco Metals Holdings (
AMCO), up 22.9%,
Renren (
RENN), up 22.6%,
China Jo-Jo Drugstores (
CJJD), up 18.4% and
Star Bulk Carriers (
SBLK), up 17.1%.

DISH Network Corporation, together with its subsidiaries, offers direct broadcast satellite subscription television services in the United States. DISH Network has a market cap of $12.9 billion and is part of the media industry. Shares are up 1.7% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate DISH Network a buy, 3 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates
DISH Network as a
buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, solid stock price performance, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.